THE INFORMATION CONTAINED HEREIN HAS BEEN OBTAINED FROM SOURCES DEEMED RELIABLE AND BELIEVED TO BE ACCURATE. HOWEVER, NO EXPRESS OR IMPLIED WARRANTY IS MADE AS TO THE ACCURACY OF THESE REPRESENTATIONS. DIMENSIONS AND SQUARE FOOTAGE CONTAINED HERE ARE MORE OR LESS.

LOCATION & DIRECTIONS:

The property is located in the West Arlington Neighborhood of northwast Baltimore City. Area homes are typically large traditional homes, many of which are owner-occupied, while others have been converted into multi-unit properties. Public transportation is convenient, with Metro Subway service on Wabash Avenue, and multiple MTA Bus stops near the property. Downtown Baltimore is about 6 miles to the southeast.

Three story vinyl sided traditional home with covered porchfront has been converted to three self-contained dwelling units. The property has been fully updated and features vinyl replacement windows, new and refinished flooring, separate gas forced air furnaces, 4 new electric water heaters, 4 electric meters, 3 gas meters and coin operated laundry area. The property has a shared entry foyer, and is arranged as follows:

Published real estate taxes for the 2010 tax year were $4,086, based on a full value assessment of $171,700. Purchasers may petition for a reduction in the assessment of their property in conjunction with a purchase price substantially less than the currently assessed value of the property. Purchasers are encouraged to contact SDAT concerning the appeals process and may see the following link for helpful information: http://www.dat.state.md.us/sdatweb/appeal.html.

TITLE

In fee simple; sold free and clear of all liens

INSPECTION TIME

Day of the auction, 45 minutes prior to sale, and by appointment.

TERMS OF SALE

A $5,000 deposit, payable by certified check or cashier's check, will be required of the purchaser at time and place of sale. The deposit shall be increased to 10% of the purchase price within 24 hours at the Auctioneer's office. Balance to be paid in cash within 45 days. If payment of the balance does not take place within the specified time, the deposit shall be forfeited and the property may be resold at the risk and expense of the purchaser. Interest to be charged on the unpaid purchase money, at the rate of 12% per annum, from date of sale to date of settlement. All adjustments, including taxes, ground rent, all other public charges and assessments payable on an annual basis, and sanitary and/or metropolitan district charges, if any, to be adjusted for the current year to date of sale and assumed thereafter by the purchaser. The property will be sold in "AS IS" condition, and subject to easements, agreements, restrictions or covenants of record affecting same, if any. Purchaser assumes the risk of loss from the date of sale forward. The purchaser agrees to waive the right of inspection for lead paint, as provided under current Federal and State law. If the Seller is unable to convey good and marketable title, the purchaser's sole remedy in law or equity shall be limited to the refund of the deposit. Upon refund of the deposit this sale shall be null and void and of no effect, and the purchaser shall have no further claim against the Seller or Auctioneers. Recordation costs, transfer taxes and all costs incidental to settlement to be paid by the purchaser. Time is of the essence.